Todd R. Wanek Explained

Todd R. Wanek
Birth Date:	16 March 1964
Nationality:	American
CEO, Ashley Furniture
Term:	2002-
Spouse:	Married
Children:	2
Father:	Ronald G. Wanek

Todd Ronald Wanek (born 16 March 1964)^[1] is an American billionaire businessman, the president and chief executive officer (CEO) of Ashley Furniture Industries, Inc. He is the son of Ronald G. Wanek, the chairman. As of May 2022, his net worth was estimated at US$3.1 billion.^[2]

He was named CEO in 2002.^[3] Later that year, minority shareholders in the company claimed that the Waneks were conspiring to force them out of the company.^[4]

Both he and his father have made financial contributions to political candidates and the political action committee associated with the American Furniture Manufacturers Association.^{[5] [6]}

In 2006, he received the Spirit of Life award from the City of Hope cancer research center for his fundraising efforts.^[7]

In 2018, High Point University (HPU) named their new school of undergraduate sciences for Todd and Karen Wanek.^[8]

Personal life

Wanek is married, with two children, and lives in St. Petersburg, Florida.

Notes and References

1. Web site: FamilySearch, Minnesota Birth Index. FamilySearch.
2. Web site: Forbes profile: Todd Wanek . Forbes . 10 November 2020.
3. https://www.ashleydirect.com/help/AboutAshley/AshleyStory.pdf
4. News: Families Feud over Shared Arcadia, Wis.-Based Furniture Company. . Barrett . Rick . 9 November 2002 . The Milwaukee Journal Sentinel . 19 October 2009.
5. Web site: Todd R. Mr. Wanek from zip code 54612. Watchdog.net. 19 October 2009. dead. https://archive.today/20120720141331/http://watchdog.net/contrib/54612/todd_r._mr._wanek. 20 July 2012.
6. Web site: Arcadia, WI Political Contributions by Individuals. City-Data.com. 19 October 2009.
7. News: City bowlers raise $55K for City of Hope. 19 October 2006. Furniture Today. 19 October 2009.
8. Web site: HPU NAMES NEW SCHOOL OF UNDERGRADUATE SCIENCES FOR TODD AND KAREN WANEK . High Point University . 21 March 2019.